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Branch Permanently Closed / Inactive

According to official RBI records, this Indian Bank branch has been permanently closed or merged. The IFSC code IDIB000M323 is discontinued and no longer valid for money transfers.

Indian Bank — MADHYAMGRAM

IFSC Code: IDIB000M323Closed
Data sourced from RBI. Last updated: August 2026

For the Indian Bank Madhyamgram branch previously located in 24 Parganas N, Madhyamgram, West Bengal, the assigned IFSC code was IDIB000M323. Please note that this branch is currently inactive. You should contact the bank for the new routing details before attempting any transactions.

Branch Details

Bank Name Indian Bank
IFSC Code IDIB000M323
MICR Code 700019050
Branch Name MADHYAMGRAM
Address SREENAGAR BADU ROAD OPP- MAHAKAL MANDIR MADHYAMGRAM
City / Centre 24 Parganas N
District Madhyamgram
State West Bengal
Contact Number 3325384455

Supported Services

NEFT Disabled
RTGS Disabled
IMPS Disabled
UPI Disabled
Note: Service statuses are indicators based on general bank activity. For official verification, please check the RBI NEFT Directory, RBI RTGS Directory, NPCI IMPS Members, and NPCI UPI Members lists. Verify details with your bank before large transactions.

Location

SREENAGAR BADU ROAD OPP- MAHAKAL MANDIR MADHYAMGRAM, 24 Parganas N, West Bengal

Open in Google Maps

Working Hours

Discontinued / Closed

This branch has been deactivated or merged according to RBI records. Working hours are no longer applicable.

Customer Support

For account-related queries, please contact the bank's official customer care:

Toll-Free: 1800 425 00 000Branch: 3325384455Visit Official Website

About IDIB000M323 IFSC Code

The IFSC code IDIB000M323 belongs to Indian Bank's MADHYAMGRAM branch. The first 4 characters 'IDIB' identify Indian Bank, the 5th character '0' is reserved for future use, and the last 6 characters '00M323' uniquely identify this particular branch.

This IFSC code is used for electronic fund transfers including NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service). You can also use this code for UPI transactions through any UPI-enabled app.

Frequently Asked Questions

The IFSC code of Indian Bank MADHYAMGRAM branch is IDIB000M323. This code is used for NEFT, RTGS, IMPS, and UPI transactions.

Indian Bank MADHYAMGRAM branch is located in 24 Parganas N, Madhyamgram district, West Bengal. Address: SREENAGAR BADU ROAD OPP- MAHAKAL MANDIR MADHYAMGRAM

This branch is currently marked as inactive/closed in the latest RBI NEFT directory. Please verify with the bank directly.

The MICR code of Indian Bank MADHYAMGRAM branch is 700019050.

Banking Terms Glossary

What is an IFSC Code?

Indian Financial System Code (IFSC) is an 11-digit alphanumeric code that uniquely identifies a bank branch participating in any RBI regulated funds transfer system. It is mandatory for electronic payment applications like NEFT, RTGS, and IMPS.

What is a MICR Code?

Magnetic Ink Character Recognition (MICR) is a 9-digit code printed on cheque books. It facilitates the processing and clearance of cheques and helps prevent fraud. The first 3 digits represent the city, the next 3 represent the bank, and the last 3 represent the branch.

What is NEFT?

National Electronic Funds Transfer (NEFT) is a nationwide payment system facilitating one-to-one funds transfer. Under this scheme, individuals can electronically transfer funds from any bank branch to any individual having an account with any other bank branch in the country participating in the Scheme.

What is RTGS?

Real Time Gross Settlement (RTGS) is a system where there is continuous and real-time settlement of fund-transfers, individually on a transaction by transaction basis. It is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is ₹2,00,000.

What is IMPS?

Immediate Payment Service (IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones and internet banking, available 24x7 throughout the year including bank holidays.

What is UPI?

Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. It also caters to the 'Peer to Peer' collect request.

Other Indian Bank Branches in 24 Parganas N

View all branches in 24 Parganas N →

Location

SREENAGAR BADU ROAD OPP- MAHAKAL MANDIR MADHYAMGRAM, 24 Parganas N, West Bengal

Open in Google Maps

Working Hours

Discontinued / Closed

This branch has been deactivated or merged according to RBI records. Working hours are no longer applicable.

Customer Support

For account-related queries, please contact the bank's official customer care:

Toll-Free: 1800 425 00 000Branch: 3325384455Visit Official Website